PwC Global FinTech Report Our objectives and approach Figure 2 Tpe o sure respon ents FinTech is a dynamic This report assesses the rise of new technologies in the FS sector, segment at the intersection the potential impact of FinTech on market players and their of the financial services and attitudes to the latest technological developments. Additionally, Global brea own technology sectors where it offers strategic responses to this ever-changing environment. n ‡anˆ 3‰ technology-focused start-ups Our analysis is based on the following: n Asset and ƒeath and new market entrants management company innovate the products and 21‰ services currently provided 1) Primary data derived from the results of a global survey that n FinTech company 2‰ by the traditional financial includes feedback from a broad range of players from the n Insurance company 14‰ services industry. world’s top financial institutions. For this study, we surveyed n therŠ 11‰ 544 respondents, principally Chief Executive Officers (CEOs), n Fund transfer and Heads of Innovation, Chief Information Officers (CIOs) payments institution 4‰ and top-tier managers involved in digital and technological transformation. Our survey was distributed to leaders in various segments of the FS industry in 46 countries (see 1 Figure 2). 2) Insights and proprietary data from DeNovo, PwC’s Strategy& Source: ‚ƒ …oa FinTech Sur€ey 21† platform composed of a 50-member team of FinTech subject matter specialists, strategists, equity analysts, engineers Šther incudes consutants‹ nationa super€isory and internationa financia and technologists with access to over 40,000 public and institutions„ proprietary data sources. In the first section, we explore FS market participants’ perspectives on disruption. Next, we highlight the main emerging FinTech trends in the various FS industries and the readiness of the market to respond to these trends. Finally, we offer suggestions about how market players should strategically approach FinTech. 1 ‚ease refer to the appendi for more information aout our sur€ey sampe„
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